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Squawk Pod

A Festivus Miracle: AI, Tech, & Crypto in 2026 12/23/25

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2543 Ratings

🗓️ 23 December 2025

⏱️ 35 minutes

🧾️ Download transcript

Summary

Ahead for AI and tech: commoditization and consolidation. CNBC’s Steve Kovach and former Facebook Chief Privacy Officer and General Counsel Chris Kelly map out the road ahead for tech’s most innovative companies. After a volatile year for crypto, investor Anthony Pompliano discusses asset prices and Coinbase’s latest acquisition of a prediction markets platform. Plus, Jim Beam has stopped bourbon production at its Kentucky facility for the next year, and the Kansas City Chiefs are moving. Happy Festivus! Steve Kovach - 17:54 Chris Kelly - 23:21 Anthony Pompliano - 31:45 In this episode: Anthony Pompliano, @APompliano Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Cameron Costa, @CameronCostaNY

Transcript

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0:00.0

Bring in show music, please.

0:03.0

This is SquawkPod and I'm CNBC producer Cameron Costa.

0:08.0

On today's episode, What's Brewing for Tech and AI in 2026?

0:14.0

From Commodotization to Consolidation to Competition, Facebook's former general counsel and chief privacy officer Chris

0:22.8

Kelly joins us.

0:24.3

I do think that you'll see a number of Chinese players come to the four, that especially

0:28.9

if the Nvidia GPUs that are being sold to China now come online.

0:34.8

Then what awaits in 2026 trading after Coinbase's newest prediction markets acquisition?

0:40.9

Professional Capital Management's Anthony Pompliano says it's all about, well, everything.

0:47.0

One of the things that's really interesting is they're going after this everything exchange.

0:49.8

They basically want you to be able to buy public stocks, crypto, prediction markets, perps, everything

0:54.2

on one exchange.

0:55.3

Plus, a Uygovi pill has been approved.

0:59.3

Jim Beam is halting bourbon production in Kentucky for an entire year.

1:04.5

And the Chiefs will have a new home.

1:06.9

That's close to home.

1:08.5

Did you know that Missouri and Kansas were on opposite sides

1:11.2

in the Civil War Sorkin, which is weird?

1:14.1

That I did not know.

1:16.4

It's Tuesday, December 23rd.

1:18.7

Happy Festivus.

1:19.7

Christmas Adam, the day before, the night before Christmas.

...

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